The country’s producer price inflation (PPI) dropped to 9.7 per cent year-on-year in September from 11.1 per cent in August, partly influenced by lower gold prices, according to the Ghana Statistics Service (GSS).
This means that Septem…
The Forum for Public Sector Registered Pension Schemes on Wednesday, issued an ultimatum to Government for the immediate transfer of the five per cent Tier-two funds, to the custodian banks of the four pension schemes.
It said it would…
The Chinese Embassy has provided logistic support to the Ghana Export Promotion Authority (GEPA) to enhance its performance and ensure efficient delivery of services.
The equipment includes computers and accessories, air conditioners a…
Standard Bank Wealth and Investment has been named Africa’s Most Outstanding Private Bank for the second year running by Private Banker International.
Private Banker International is a leading journal for the global wealth industry.
…
Gold miner Perseus Mining Limited has reported a nine per cent quarter-on-quarter increase in production at its Edikan Gold mine, in Western Region of Ghana, in the quarter ended September 30, on the back of improved mill performance.
T…
Turkish Airlines plans to double its passenger numbers in less than a decade as it pursues an ambitious plan to build a new airport near Istanbul in Turkey.
The President of the fast-growing flag-carrier, Turkish Airlines, Mr Ilker Ayci…
Although Ghana’s cocoa production fell short of industry forecasts for the 2015/16 growing season, increased investment in seed development programmes and infrastructure upgrades should improve output over the coming years.
“Crop prod…
Ramani Distribution Company Limited, distributors of Giant Malt, has presented prizes to winners of the ongoing promo dubbed: ‘Open and win.’
The company gave out a Hyundai i10, a 39-inch television set and a Samsung microwave oven to …
The Minister of Finance, Mr Seth Terkper, has defended its decision to allocate GH¢1.2 billion for capital expenditure (CAPEX) for the first quarter of 2017 without making any provision for road arrears.
Mr Terpker said the government …
Alexander Donkor is young. The business he set up is christened to communicate his gratitude to his creator. That business, God’s Favour, will be six years in the eleventh month of this year.
Alex is slender, has a jealously preserved …
CAL Bank has relocated its Legon branch to the banking square of the University of Ghana (UG). The move is as a result of the demand for quality banking services from students and businesses springing up around the university.
The Manag…
Dr Edwin Ampadu, the Programmes Manager for Buruli Ulcer, has cautioned Ghanaians to be wary of the disease as it is affecting people more than expected. He said the disease should not be taken for granted since it was deforming people at…
Professor Elvis Nyarko, the Vice Chancellor Regional Maritime University (RMU), has appealed to government to provide the country with a shipping line to help boost the economy and international trade.
He said if Ghana had at least one …
The more than 00 e-zwich agents have been set up mainly in Accra and few other regional capitals and major towns, to step up efforts to bring e-zwich services closer to the people.
The move follows exponential growth in the use of the b…
A Commissioner of the Securities and Exchange Commission (SEC), Dr Charles Asembri, has said small businesses have failed to take advantage of the Ghana Alternative Market (GAX) because they do not have adequate information on it.
He ex…
Vodafone Wholesale, a subsidiary of Vodafone Ghana, has completed the second fibre route to the landlocked countries in West Africa including Mali and Niger through Burkina Faso.
The project, aimed at offering an alternative route for …
The ARB Apex Bank Limited has urged rural and community banks (RCBs) to ensure that they strengthen their internal control and governance systems, for efficient operations.
“Additionally, RCBs must adequately resource their internal aud…
The Nestle “NIDO Back to School Promotion”, has awarded four of their consumers with GH ?1000 each for emerging winners in the draw. The Promotion, which began on September 28, was aimed at rewarding loyal consumers of NIDO to help them …
The Village Savings and Loan Association (VSLA) intervention introduced by the Environmental Protection Agency (EPA), under the Ghana Environmental Management Project (GEMP) has improved food security among many households in the Upper Eas…
‘CIMG Telecom Company of the Year’, Tigo, has launched its annual Breast Cancer campaign for its employees countrywide. On the global theme ‘Early detection, Saves lives, Tigo employees are creating awareness on the need for women to have …
Stanbic Bank has reiterated its commitment to give farmers easy access to loan facilities to help them adopt better technology, and procure quality seeds and fertilizers.
The bank has a full-fledged agric-finance unit which finances nee…
The Minister of Finance, Mr Seth Terkper, has defended government’s decision to allocate GH¢1.2 billion for capital expenditure without making any provision for road arrears in the first quarter of 2017.
He explained that it was not ap…
Johannesburg-based Gold Fields says it will invest $1.4 billion to increase the lifespan of its Damang Gold mine in the Western Region, to allow the mine to keep operating.
According to Gold Fields, the reinvestment plan will extend the…
MTN Nigeria reported a 2.5 percent sequential increase in its subscriber base to 60.5 million at the end of September. In its quarterly update, MTN said its subscriber base was negatively impacted by the exclusion from its active base of 3…
Vodafone Ghana has rewarded five of its loyal customers with GH¢50,000 in the ongoing ‘Yee Twi K?’ reloaded promotion in Accra.
The ultimate monthly winner, Kalaya Gortar, an entrepreneur in Accra, took home GH¢30,000, while Samuel Oben…
The Atwima-Kwanwoma Rural Bank continues to show strong growth, posting a net profit of GH¢7.19 million on its operations, last year. Mr. Patrick Owusu, the Board Chairman, said this represented an increase of 62.46 per cent over the prev…
Red Sea Maritime Services, a shipping and logistics company in the country, has announced plans to take its operations beyond the borders of Ghana in a bid to penetrate the international market.
The decision, according to the company, i…
The Minister of Petroleum, Mr. Emmanuel Armah-Kofi Buah, has cut the sod for work to start on the building for the School of Petroleum Studies at the University of Mines and Technology (UMaT), in Tarkwa.
The 8.5 million United States do…
Ghana’s Exhibition booth at the just-ended United Nations (UN) Housing and Sustainable Development Conference (Habitat) III was the toast of many participants, exhibitors and visitors from Africa and beyond.
The exhibition booth display…
Mrs. Sally Molley of the Small Tax Payer Division of the Ghana Revenue Authority has advised Small and Medium Enterprises to keep proper records to enable them to know their expenses and the right taxes to pay.
“If you fail to keep prop…
The Ghana National Gas Company Limited (Ghana Gas) has explained that it has not inflated the cost of contract for the construction of the 180-mile (290km) gas pipeline from Aboadze to Tema.
According to the company, the actual cost of …
Enterprise Life, has introduced two new products targeted at Ghanaians who fall within the middle and higher executive classes.
The products, the Enterprise Living Plus Plan and the Enterprise Executive Plus Plan, were developed after d…
Farmers working on a farmFarmers have been advised to adhere to best farm practices, especially in the application of agricultural inputs to ensure safe food production.
This followed observations by agriculturalists that some farming c…
McOttley Capital has been named the "Best Growing New Investment Bank of the Year" at the 2016 edition of the Ghana Investment Awards to honor outstanding institutions in the investment banking industry. It was awarded ahead of its peers f…
Ebenezer Twum Asante, the CEO of MTN has urged all businesses to search and tap into the digital opportunities that abound, irrespective of one’s industry.
He said, looking at the way businesses are rapidly shifting from the physical in…
Having started its first operations in Zambia in 2001, the Bayport Group operations are currently in 7 African countries and 2 in Latin America
Tanzania’s leading specialist credit provider, Bayport Financial Services (www.BayportFinanc…
Adelabu Adebayo, Deputy Governor, Operations at the Central Bank of Nigeria, and Millison Narh, the First Deputy Governor of the Bank of Ghana, to discuss key financial and other trends from across the region at the SWIFT Business Forum We…
Delta Air Lines [NYSE:DAL] is turning October pink to mark Breast Cancer Awareness Month. As part of a series of events to raise funds to support the Breast Cancer Research Fund (BCRF), the airline’s iconic Pink Plane is taking to the skie…
Five organisations have signed letters of Agreement with the Food and Agriculture organisation’s(FAO) Forest Law Enforcement Governance and Trade (FLEGT) programme, aimed at supporting private sector in the implementation of the Voluntary …
Ethiopian Airlines, the fastest growing and most profitable African airline, would from December 16, add a fifth weekly flight to its Seychelles route. Mr Tewolde GebreMariam, the Group CEO Ethiopian Airlines said: “Air transport being a…
Mr Thomas Scurfield, an international economic analyst, has lauded Ghana’s revenue management system in the petroleum sector and called on other African countries to emulate the example.
He said the West African country’s concept of est…
The United States Agency for International Development (USAID) and the Ghana Grains Council held the sixth annual Pre-harvest Agribusiness Forum in Sunyani on October 20. The event brought together more than 1,000 farmers, buyers, processo…
BEIGE Academy, the Talent Development arm of The BEIGE Foundation, has enrolled another batch of young graduates into its career and skills development programme known as The BEIGE Talent (TBT).
The BEIGE Talent, one of the social respo…
The Chief Executive Officer of Vodafone Ghana, Yolanda Cuba has led a team of employees to cycle to work as part of a Vodafone group-wide campaign dubbed ‘Global Wellbeing Month’. The initiative sets aside the month of October to emphasise…
Parliament yesterday approved GH¢10.99 billion to finance critical government expenditure in the first quarter of 2017.
The provision is to cater for estimates of the first quarter expenditure on essential and other statutory payments.
…
In both countries, ATI has a current project pipeline estimated at over one billion USD, which is expected to double in the short-term based on existing demand for its products
At a press conference, the CEO of the African Trade Insuran…
Cowpea farmers in the Savannah Ecological Zone of Ghana have expressed concern over the continuous loss of more than 80 per cent of their crop yields annually to the destruction by the ‘Pod-borer’, insect.
The farmers, including those …
The sixth edition of Ghana Investment Awards (GIA), organised by Premier Networking Investment Club, saw FirstBanC Financial Services crowned as the Investment Bank of the year 2015.
The prestigious GIA which seeks to recognise excellen…
Farmers Organisation Network in Ghana (FONG), and other farmers' organisations, have called on Government to institute “Rural farmers Day”, to celebrate and appreciate the immense contributions of rural farmers to national development.
…
The University of Ghana Co-operative Credit Union Limited made a net profit of GH¢3,919,016.28 for the 2015/2016 financial year as against the previous year’s GH¢3,288,221.93.
The increment represents 19.2 per cent over the performance …
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